Quess Corp Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
QUESS · price
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Quess Corp reported audited consolidated financial results for Q4 and FY ended March 31, 2026. Revenue from operations grew marginally to Rs 1,53,052 million from Rs 1,49,672 million in the previous year. Profit after tax surged significantly to Rs 2,222 million compared to Rs 459 million in FY2025, driven by lower exceptional items. The statutory auditors, Deloitte Haskins & Sells LLP, issued a qualified opinion due to disputed tax deductions under Section 80JJAA and depreciation on goodwill amounting to Rs 3,880 million in contingent liabilities. The Board declared a special interim dividend of Rs 3 per share to commemorate 10 years of listing, plus recommended a final dividend of Rs 3 per share. Director changes include appointment of Anish Thurthi and resignation of Chandran Ratnaswami.
The qualified audit opinion on tax disputes raises regulatory concerns but the strong PAT growth and shareholder-friendly dividends (totaling Rs 11 per share including earlier interim dividend) may support near-term stock sentiment. The ongoing tax litigation represents a contingent risk for investors.